The International Cocoa Organisation (ICCO) has updated its estimates for global Cocoa production, grindings and stocks for the Cocoa years 2020/21 and 2021/22. The Cocoa balance sheet for the year 2021/22 has been revised several times. The supply side estimate decreased by 67,000 tonnes to 4.823 million tonnes, about 1% below the previous bulletin’s estimate […]
ICCO PUBLISHES NEW COCOA STATISTICS FOR NOVEMBER 2022 Read More »
Côte d’Ivoire not yet concerned about dry spell Côte d’Ivoire, the current world leader in Cocoa production, has recently reported particularly dry weather conditions but is not yet too concerned about the impact on its production. According to Reuters, Cocoa farmers in the West African country have said that despite the dry weather last week,
INCONSISTENT RAINFALL COMPLICATE CÔTE D’IVOIRE & NIGERIA COCOA PRODUCTION Read More »
A dispute has broken out in Nigeria over proposed new cocoa regulations that would see the government control all cocoa purchasing in the country. Governor Ayade has proposed the new law by Executive order to the dismay of many farmers, who prefer to see an open market and cite the unhappiness of farmers in Ghana
NIGERIA’S PROPOSED NEW COCOA LAW WILL HURT FARMERS Read More »
The world’s two largest Cocoa producers, Côte d’Ivoire and Ghana, have noted some progress in their ongoing efforts to secure fair payment for their Cocoa farmers. The West African countries recently announced that they will no longer sell their Cocoa to buyers at such low prices while their farmers struggle to earn a living wage.
CÔTE D’IVOIRE, GHANA FORM WORKING GROUP AS PART OF COCOA MARKET PRICE NEGOTIATIONS Read More »
Nigeria is experiencing huge queues at petrol stations and a scarcity of fuel as market, vandalism and logistic problems plague the industry. There are a series of logistics issues as regards the supply chain. But the government and stakeholders are engaging in order to get a solution to these issues. However, we believe that this
NIGERIA’S FUEL SHORTAGE AND COSTS ARE HURTING COCOA TRANSPORT Read More »
Selected Cocoa farms in Ghana were chosen to test the use of Remote Sensing (RM) to apply fertilisers to crops. The Soil Research Institute (SRI) of the Council for Scientific and Industrial Research (CSIR) is leading the pilot project with the aim of identifying the specific requirements of local Cocoa-growing soils. Currently, most fertilisers used
GHANA COCOA FARMS PILOT CUSTOM FERTILISER APPLICATION TECHNOLOGY Read More »
The Cocoa Newscast is out in full stereo beauty. Give your ears a treat and listen below, or go to the Podcasts/Cocoa News Cast page.
COCOA NEWSCAST – 23 NOV, 2022 Read More »
The recent appointment of Brian Sikes as chief executive of Cargills, replacing Dave MacLennan, is notable for several reasons. First, he is only the 10th CEO in the company’s 157-year history, and second, although Sikes spent a short time as COO, he made his name at Cargill running the meat business. As Cargill continues to
DOES CARGILL’S APPOINTMENT OF NEW CEO, BRIAN SIKES, INDICATE A BEEF WITH COCOA Read More »
Premium Belgian chocolate brand Guylian has confirmed it will partner with Fairtrade America, which the company says marks a step towards more ethical trade for the company. The new deal will see the chocolate company use 100% Fairtrade Cocoa in its US confectionery lines, with the new products clearly labelled as Fairtrade to distinguish them.
GUYLIAN TO USE FAIRTRADE MARK COCOA IN US CHOCOLATE PRODUCTS Read More »
Koa, a Swiss-Ghanaian brand of Cocoa fruit juice, is the first company of its kind to become B Corp certified. The company was founded five years ago and recently received a B Corp certification score of 95.7, reflecting its brand of social responsibility and innovation in the Cocoa sector. You can read a detailed evaluation
KOA BECOMES FIRST B CORP CERTIFIED COCOA JUICE BRAND Read More »
